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There are a few significant changes on the cards for the South African property sector in 2017.
Murray and Roberts will focus on three core sectors in future — underground mining, oil and gas, and power and water, says group.
The report released by global property consultancy Knight Frank LLP, shows that South African buyers outperformed buyers from far wealthier countries such as Germany, Singapore, Saudi Arabia, Switzerland and Canada over the past 3 years.
Foreign investors accounted for 67% of all commercial property transactions in Australia in the third quarter of 2012, compared with just 30% in the same quarter the year before.
Africa's infrastructure problem is not caused by a scarcity of money
The Department of Transport believes it has created enough air capacity, for both cargo and passenger services, to meet growth for the next 10 to 15 years.
The R21-billion Rio Tinto Alcan aluminium smelter, which was scheduled to break ground at Coega in the second half of this year, could be delayed by as much as four years due to the area‘s current power shortages.
The Competition Tribunal has unconditionally approved the merger between construction group Murray Roberts Limited (MUR) and the Cementation Company
Twin tasks arise out of the takeover of Pechiney by Canada's Alcan group, which is now calling the shots THE planned $1,2bn aluminium smelter project at Coega in Eastern Cape will have to pass two major hurdles if it is to be saved, it emerged at the weekend.
Murray & Roberts (M&R), the listed building, construction and engineering group, has placed China firmly on its radar screens.